November 1, 2019 / 5:38 AM / 12 days ago

Kenya's Safaricom says first half core earnings up 12.7%

NAIROBI, Nov 1 (Reuters) - Kenya’s largest telecoms operator Safaricom said on Friday its earnings before interest and taxes rose 12.7% to 49.8 billion shillings ($482.79 million) in the first half to end-September.

The firm, which is partly owned by South Africa’s Vodacom and Britain’s Vodafone, attributed the growth to increased revenue from its mobile financial service, M-Pesa, and its internet access provision. ($1 = 103.1500 Kenyan shillings) (Reporting by Duncan Miriri; Editing by Muralikumar Anantharaman)

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